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Thursday, 24 November 2011

banknifty - 25th nov, 5 min timeframe

Banknifty todays high of the day is now a fractal pivot high also got a low risk long entry point over todays 11.30 high so long order placed over that, lets see it triggers or not.

Down trend may start if price comes below the trend line in chart below
No trade if price remains inbetween both the trend lines till we get a new fractal pivot low

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